Globalization and the Reform of the International Banking and Monetary System
ebook ∣ Palgrave Macmillan Studies in Banking and Financial Institutions
By O. Hieronymi
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The book argues that a successful monetary and banking reform requires: a rollback of monetary nationalism and return to monetary internationalism; trust in the banking system with its basic functions restored; a balance between competition and solidarity in order to assure political and social acceptance of globalization.